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Ayers Electric Inc.

$198,945 PPP Loan in Morris, Illinois

Loan Details

Loan Number
8412477009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$198,945
Current Approval
$198,945
Forgiveness Amount
$201,194
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ayers Electric Inc.
Address
216 W Illinois Ave
City
Morris
State
Illinois
ZIP Code
60450-2245
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$188,998
Utilities
$9,947

Lender Information

Servicing Lender
Grundy Bank
Originating Lender
Grundy Bank

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